YPF Lawsuit: Burford Asks US Court to Hold Argentina in Contempt
16 Articles
16 Articles
YPF lawsuit: Burford asks US court to hold Argentina in contempt
Burford Capital, the main beneficiary of a US$16 billion first-instance ruling against Argentina over the 2012 expropriation of YPF, has asked federal judge Loretta Preska to hold the country in contempt and impose sanctions, citing alleged failures to comply with discovery orders.
Canal C Case YPF: The Government denies non-compliances and accuses harassment of the Burford National Perspective Fund Argentina will reject the request for “disappearance” raised by the Burford Capital Fund, benefitted by a ruling of Judge Loretta Preska for US$16 billion. The brief will be presented on February 19, according to the schedule established by the judge, according to confirmed sources of the Office of the Procurator of the Treasur…
The legal battle for the expropriation of YPF adds a new chapter in the courts of New York, since the funds Petersen and Eton Park will present on Thursday a brief to Judge Loretta Preska requesting that Argentina be declared in contempt for delays in the delivery of key evidence for the process. The plaintiffs’ strategy points to non-compliance in the process of collecting evidence. According to the funds, the Argentine State has not delivered …
The Argentine government will reject the request for “disappearance” proposed by the Burford vulture fund, which will benefit from a ruling in favor of New York judge Loretta Preska for US$16 billion, within the procedural deadlines defined by the judge. The brief will be presented on February 19 to respond to that presentation, according to the timetable established by Preska, according to confirmed sources of the Office of the Treasury of the …
The creditors made the formal presentation on Thursday night. On Thursday night, the plaintiff funds against Argentina in the YPF trial in the New York courts filed the contempt request against the country. They did so in a formal brief, where they asked Judge Loretta Preska to be punished. Petersen and Eton Park’s lawyers, with Burford Capital’s financial backing for the litigation, requested at least five sanctions for the irregular expropriat…
The conflict by YPF continues to generate tension between Argentina and the main beneficiary of the ruling for $16.1 billion. After the Burford Capital fund filed a contempt request that points against the country before Judge Loretta Preska, Argentina pronounced itself to ensure that it will categorically reject the measure. YPF: Argentina vs...
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